Europe

Global law firm, Norton Rose Fulbright has advised GuarantCo, the international development finance institution, on a landmark INR 2.5 billion ($40 million) dual-tranche unsecured wrapped and rated bond, issued by Sindicatum Renewable Energy Company Pvt Ltd. Such green bonds are beneficial to the country, since they offer low interest rates and long-term repayment schemes, says Dharmendra kumar, an analyst from IHS Markit.

The European Investment Bank (EIB) today said it will ink an agreement tomorrow, Saturday, March 10, to provide a loan for both small- and large-scale clean energy projects in India, which will form part of its €800 million (around US$984 million) investment in the country.

According to reports, French President Emmanuel Macron will inaugurate the 75 MW solar PV power plant, located in Mirzapur, Uttar Pradesh on March 12. The plant is developed by the French company, Engie Solar.

50 projects will be signed on March 11, 2018 during ISA Solar Summit, and 71 will be signed on April 20, 2018 at RE-Invest summit. Now, with five new countries, Madagascar, Gabon, Rwanda, Sri Lanka, and Uganda, the number of nations to have ratified the International Solar Alliance (ISA) framework agreement has reached 26.

Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half-decade, according to a new report. Battery storage will play a crucial role in this, it found.

The United States blocks India’s request for a panel to investigate Indian compliance to solar cells ruling. Thus, the Dispute Settlement Body (DSB) has deferred the establishment of a compliance panel. Moreover, U.S. reserves its right to obtain WTO authorization to take countermeasures against India, but there is desire to find a bilateral resolution.

The Institute for Solar Energy Research Hamelin (ISFH) and the Leibniz Universität Hannover claim that this result is a world record for p-type silicon material, as well as a European record for crystalline silicon.

With two new countries, the Republic of Guyana, and Togo, the number of nations to have ratified the International Solar Alliance (ISA) framework agreement has reached 21. ISA will host 6th International Steering Committee (ISC) meeting on February 20.

Module technology: Agfa has developed a backsheet that consists of a single layer – an innovation that could well prove advantageous in the field, offering further opportunities to reduce delamination, lower LCOE, and result in boosted efficiency thanks to higher reflectivity.

India Energy Storage Alliance (IESA) has signed an MoU with Indo-German Energy Forum (IGEF) to promote and facilitate the energy storage business in India among various German and Indian stakeholders.